The import of rubberized textile knitted or crocheted fabric to South Korea has shown significant fluctuations over the past decade. From 2013 to 2015, imports increased notably, peaking in 2015 before experiencing a downward trend. By 2023, the volume stood at 17.56 thousand kilograms, a substantial decrease from earlier peaks. The average annual decline over the last five years (CAGR) was -2.8%. Forecasts suggest further decline, with the import volume projected to drop to 11.81 thousand kilograms by 2028, reflecting a negative CAGR of -6.3% over the upcoming five years. The expected decrease in volume from 2024 to 2028 is roughly 27.76%.

Future trends to watch for:

Shifts in global trade policies that may affect import tariffs and regulations.
Innovations in textile manufacturing within South Korea potentially reducing the need for imports.
Changes in consumer demand influenced by economic conditions and fashion trends.
The impact of sustainable practices and whether it drives a preference for local production.